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Political scientist Richard Sakwa: "BRICS is the foundation of more mature international politics"

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22 minutes 43 sec.

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06.12.2417:36 Society

TV BRICS International Media Network receives professional international award in Mexico

06.12.2416:16 Society

Nigeria joins international information exchange through TV BRICS

05.12.2417:50 Culture

New BRICS+ Media Centre in Moscow to host evening of Persian poetry

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04.02.24 10:30

Economics

Cultural sector enterprises record remarkable expansion in China

China has recorded significant growth in revenue and profits for major companies in the cultural sector in 2023

According to the National Bureau of Statistics, the 73,000 companies surveyed generated total revenue of 12,95 trillion yuan (about $1,82 trillion) last year, up 8,2 per cent from 2022. This is reported by Prensa Latina, a partner of TV BRICS.

According to Zhang Peng, an official of the institution, the cultural consumption of the public has expanded due to the effective implementation of policies to boost domestic demand in the sector.

Zhang emphasised that internet information services, digital content services and web platforms for culture and entertainment have made significant contributions to these results.

On the other hand, companies representing new business forms, such as providers of portable smart cultural devices, multimedia games and smart drones for entertainment purposes, will earn nearly 5,24 trillion yuan ($736 billion) in 2023, up 15,3 per cent.

Photo: IStock

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President of Kazakhstan

"The volume of direct Russian investments in Kazakhstan's economy has exceeded US$24 billion, of which more than US$4.5 billion has been invested in the last two years alone. Accumulated Kazakhstani investments in the Russian economy have reached an impressive mark of US$8.5 billion"